Indonesia announces $40 billion energy projects for 2025

reuters.com

Indonesia plans to offer 21 energy projects worth $40 billion in 2025, according to the energy minister. These projects include an oil storage site, an oil refinery, and coal-based dimethyl ether production. The new projects aim to reduce the country's liquefied petroleum gas imports. Funding will come from the sovereign wealth fund Danantara Indonesia. The projects will be located in various areas of Sumatra and Kalimantan.


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